Sinclairs Hotels to Close Udaipur Property via Lease Cancellation from June 30 Jun 29, 2026
Sinclairs Hotels has announced the closure of its Sinclairs Udaipur property effective June 30, to be executed through a lease cancellation. The decision is driven by continuous losses at the property, with no further financial details disclosed regarding the magnitude of losses or future plans for the asset.
Sinclairs Hotels Limited reported a 9.69% decrease in Profit After Tax for Q1 FY 2025-26, primarily due to Operation Sindoor's impact. Despite challenges, the company maintained strong profit margins with an EBITDA margin of 50% and a net profit margin of 32%. The company announced the launch of 'Sinclairs Palace Retreat Udaipur', a new property featuring 90 rooms and suites, set to commence operations from August 1. Sinclairs Hotels remains debt-free and plans to increase its room inventory from 581 to around 700 by FY 2026-27.
08Aug 25
Sinclairs Hotels Reports Decline in Q1 Financial Performance
Sinclairs Hotels experienced a downturn in its Q1 financial results. Revenue from operations decreased by 5.15% to ₹156.93 crore, while net profit fell by 9.68% to ₹61.85 crore. EBITDA saw a significant 20.13% decline to ₹59.43 crore, with the EBITDA margin compressing to 37.87%. Total expenses increased to ₹116.44 crore, up from ₹103.91 crore in the previous year. Despite operational challenges, other income rose to ₹37.95 crore, helping to stabilize total income at ₹194.88 crore.
20May 25
Sinclairs Hotels Reports Q4 Net Profit and EBITDA Decline
Sinclairs Hotels announced Q4 financial results with a net profit of ₹38.00 crore, down 28.30% from ₹53.00 crore in the previous year. EBITDA decreased to ₹4.90 crore from ₹5.70 crore, with the EBITDA margin falling to 34.27% from 38.32% year-over-year.